North America Helicopters Market Value - By Type (Civil and Commercial, Military), By Engine (Piston, Turbine), By End-user (Commercial, Military), By Weight (Lightweight, Medium Weight, Heavy Weight), By Number of Engine (Twin Engine, Single Engine), By Application (Emergency Medical Service, Oil and Gas, Defense, Homeland Security), By Industry Analysis, Size, Share & Forecast, 2023 – 2032

MVI Statistics and Viewpoints: 

• North America Helicopters Market size was exceeded USD 19.3 Billion in 2022.
• The market is expected to showcase a CAGR of over 4.9% from 2023 to 2032. 
• By the end of the forecast period, the industry size of North America helicopters is anticipated to reach a valuation of around USD 30.8 Billion.

The North America Market is dominated by prominent helicopter manufacturers and suppliers. Companies such as Sikorsky Aircraft Corporation (a Lockheed Martin subsidiary), Bell Textron, Airbus Helicopters, and Leonardo Helicopters are key players that design, manufacture, and deliver a wide range of helicopters tailored to specific customer requirements. 

To get more info about this report - 

Market Overview:

Helicopters are rotorcraft that can take off and land vertically, allowing them to hover, manoeuvre in tight spaces, and reach locations that fixed-wing aircraft cannot. They are essential in a variety of applications, including passenger and cargo transportation, emergency medical services (EMS), law enforcement, search and rescue missions, offshore operations, tourism, firefighting, and military operations.

The North America Helicopters Market signifies to the aviation industry in North America that focuses on the production, sale, and operation of helicopters. It includes a variety of activities such as manufacturing, maintenance, repair, and overhaul (MRO), as well as helicopter operations in sectors such as civil, military, and commercial. 

Government regulations, technological advancements, safety standards, market competition, and customer demand all have an impact on the North America Helicopters industry. Continuous innovation, R&D, and collaboration among manufacturers, operators, and service providers drive the market's growth and evolution.

To get more info about this report - 

Growth Drivers:

• Technological Advancements: Ongoing advancements in helicopter technology play a crucial role in driving market growth. Manufacturers are continuously innovating to improve safety, efficiency, and performance. Advancements such as composite materials, advanced avionics, and more fuel-efficient engines enhance helicopter capabilities, attracting operators looking to upgrade their fleets with modern and advanced aircraft.
   
• Natural Resource Exploration and Offshore Operations: The exploration and extraction of natural resources, such as oil and gas, require helicopters for transportation, logistics support, and offshore operations. Helicopters are used to transport personnel, equipment, and supplies to remote and offshore locations. The continued demand for natural resources fuels the need for helicopters in this sector.
   
• Increasing Demand for Emergency Medical Services (EMS): Helicopters are vital for emergency medical services, especially in remote or inaccessible areas. The demand for helicopters equipped with medical equipment and staffed with trained medical personnel has been increasing. Helicopters enable rapid transport of patients to hospitals, ensuring timely medical care and improving survival rates. The growing importance of EMS and the need for quick response times drive the demand for helicopters in this sector.

Restraints:

• Competition from Alternative Transportation Modes: The market faces competition from alternative transportation modes, such as fixed-wing aircraft, ground transportation, and emerging technologies like drones. These alternatives may offer cost advantages, greater range, or faster travel times in certain scenarios, posing a challenge to the demand for helicopters.

By Engine Synopsys:

To get more info about this report - 

The North America industry is classified by engine into piston and turbine. Among these segments, the turbine segment is expected to hold the largest revenue share during the forecast period. They are favored for their versatility, long-range capabilities, and ability to perform demanding missions. Turbine helicopters offer greater power-to-weight ratios, allowing them to carry heavier payloads, operate at higher altitudes, and fly longer distances. The North America region, with its advanced aviation industry and diverse helicopter applications, provides a favorable environment for the growth and dominance of turbine-powered helicopters.

By End-user Synopsys:    

The North America Market is classified by end-user into commercial and military. Among these segments, the military segment is expected to hold the largest share of the North America market during the forecast period. The United States, in particular, has a strong military helicopter fleet, with helicopters playing an important role in both domestic and international defence operations. The United States military uses a wide variety of helicopters, including utility helicopters, attack helicopters, transport helicopters, and multi-role helicopters. 

Key Development:

• In February 2023, Bell Textron Inc., has declared that the Bell 505 achieved its inaugural flight solely utilizing 100% Sustainable Aviation Fuel (SAF), marking it as the inaugural single engine helicopter to accomplish this feat. In collaboration with Safran Helicopter Engines, Neste, GKN Aerospace, and Virent Inc., Bell made this groundbreaking flight of the Bell 505 possible.

Top Companies Includes In The North America Helicopters Landscape:

• Textron Inc.
• Bell Textron
• Kopter Group
• Lockheed Martin Corporation
• Leonardo S.p.A.
• The Boeing Company
• Airbus SE
• Others

To get more info about this report - 

In-depth analysis of North America Helicopters Market along with industry coverage and forecasting for the following segments:

Market Size, By Type

• Civil
• Commercial
• Military

Market Size, By Engine 

• Piston 
• Turbine 

Market Size, By End-user 

• Commercial
• Military

Market Size, By Weight

• Lightweight
• Medium Weight
• Heavy Weight

Market Size, By Number of Engine

• Twin Engine
• Single Engine

Market Size, By Application

• Emergency Medical Service
• Oil
• Gas
• Defense
• Homeland Security
• Others